A massive real estate portfolio of over 6,000 rental units tied to convicted investor Eli Silber is set for auction following a multi-million-dollar loan fraud scheme. The properties, located across several states including Michigan, Louisiana, and Pennsylvania, are being sold after Silber defaulted on $20M in loans. Fannie Mae, Freddie Mac, and the FHFA are ramping up efforts to crack down on real estate loan fraud with new underwriting rules. Learn more about the fraud case in this episode! Topics discussed: <ul> <li>00:00 6,000 Units Headed to auction</li> <li>00:34 Locations of Units</li> <li>00:55 Fraud Scheme</li> <li>01:48 Fannie and Freddie’s New Rules </li> </ul> Source: <a href= "https://www.bisnow.com/national/news/capital-markets/fannie-mae-fraudsters-6300-unit-portfolio-heads-to-the-auction-block-129009?utm_source=outbound_pub_7&utm_campaign=outbound_issue_85462&utm_content=outbound_link_4&utm_medium=email" target="_blank" rel= "noopener noreferrer">https://www.bisnow.com/national/news/capital-markets/fannie-mae-fraudsters-6300-unit-portfolio-heads-to-the-auction-block-129009?</a>  LINKS Download Your Free Top 5 Cities to Invest in 2025 PDF!<a href= "https://www.realwealth.com/1500">https://www.realwealth.com/1500</a> JOIN RealWealth® FOR FREE <a href="https://realwealth.com/join-step-1" target="_blank" rel= "noopener">https://realwealth.com/join-step-1</a> FOLLOW OUR PODCASTS Real Wealth Show: Real Estate Investing Podcast <a class= "autolinked" href="https://link.chtbl.com/RWS" target="_blank" rel= "noopener" data-behavior= "truncate">https://link.chtbl.com/RWS</a> Real Estate News: Real Estate Investing Podcast: <a href= "https://link.chtbl.com/REN">https://link.chtbl.com/REN</a>

A massive real estate portfolio of over 6,000 rental units tied to convicted investor Eli Silber is set for auction following a multi-million-dollar loan fraud scheme. The properties, located across several states including Michigan, Louisiana, and Pennsylvania, are being sold after Silber defaulted on $20M in loans. Fannie Mae, Freddie Mac, and the FHFA are ramping up efforts to crack down on real estate loan fraud with new underwriting rules. Learn more about the fraud case in this episode! Topics discussed: 00:00 6,000 Units Headed to auction 00:34 Locations of Units 00:55 Fraud Scheme 01:48 Fannie and Freddie’s New Rules Source: https://www.bisnow.com/national/news/capital-markets/fannie-mae-fraudsters-6300-unit-portfolio-heads-to-the-auction-block-129009? LINKS Download Your Free Top 5 Cities to Invest in 2025 PDF!https://www.realwealth.com/1500 JOIN RealWealth® FOR FREE https://realwealth.com/join-step-1 FOLLOW OUR PODCASTS Real Wealth Show: Real Estate Investing Podcast https://link.chtbl.com/RWS Real Estate News: Real Estate Investing Podcast: https://link.chtbl.com/REN

A massive real estate portfolio of over 6,000 rental units tied to convicted investor Eli Silber is set for auction following a multi-million-dollar loan fraud scheme. The properties, located across several states including Michigan, Louisiana, and Pennsylvania, are being sold after Silber defaulted on $20M in loans. Fannie Mae, Freddie Mac, and the FHFA are ramping up efforts to crack down on real estate loan fraud with new underwriting rules. Learn more about the fraud case in this episode! Topics discussed: <ul> <li>00:00 6,000 Units Headed to auction</li> <li>00:34 Locations of Units</li> <li>00:55 Fraud Scheme</li> <li>01:48 Fannie and Freddie’s New Rules&nbsp;</li> </ul> Source:&nbsp;<a href="https://www.bisnow.com/national/news/capital-markets/fannie-mae-fraudsters-6300-unit-portfolio-heads-to-the-auction-block-129009?utm_source=outbound_pub_7&amp;utm_campaign=outbound_issue_85462&amp;utm_content=outbound_link_4&amp;utm_medium=email" rel="noopener noreferrer">https://www.bisnow.com/national/news/capital-markets/fannie-mae-fraudsters-6300-unit-portfolio-heads-to-the-auction-block-129009?</a>&nbsp; LINKS Download Your Free Top 5 Cities to Invest in 2025 PDF!<a href="https://www.realwealth.com/1500" rel="noopener noreferrer">https://www.realwealth.com/1500</a> JOIN RealWealth® FOR FREE <a href="https://realwealth.com/join-step-1" rel="noopener noreferrer">https://realwealth.com/join-step-1</a> FOLLOW OUR PODCASTS Real Wealth Show: Real Estate Investing Podcast <a href="https://link.chtbl.com/RWS" rel="noopener noreferrer">https://link.chtbl.com/RWS</a> Real Estate News: Real Estate Investing Podcast: <a href="https://link.chtbl.com/REN" rel="noopener noreferrer">https://link.chtbl.com/REN</a>

6,000+ Rental Units Linked to Convicted Investor Head to Auction

Don’t get caught off guard by market crashes that can take all your money down with them. And don’t miss out on markets where you can build wealth practically overnight. Real Estate News for Investors with Kathy Fettke is the premiere source for savvy real estate investors who want to stay up-to-date on new laws, regulations, and economic events that affect real estate. Topics include: market trends, economic analysis that affects housing prices, updates on the best rental markets for investing in single-family rentals or multi-unit rentals, turn-key housing standards, the fate of the highly revered 1031 exchange and other tax law affecting investors, self-directed IRA investing and 401k changes, where rents and property values are rising or falling, flipping risks, new Dodd-Frank rules regarding private lending and financing standards, areas with job losses vs job growth, areas that are overbuilt or over-supplied versus areas with low supply and high demand, and how to avoid real estate scams.

We'll bring you the latest reports from organizations like the National Association of Realtors, Realty Trac, Fannie Mae, Freddie Mac, Zillow, Trulia, Redfin, Rent Range, Property Radar, the Norris Group, Peter Schiff, Robert Kiyosaki’s Rich Dad, Suse Orman, Bigger Pockets, Dave Ramsey and more. And we'll help you interpret the data in terms that make sense for your real estate goals, and portfolio. Grow and protect your wealth by staying on the forefront of economic data analysis, expert opinions, innovative investing strategies and profitable investment opportunities. We'll share all the top real estate news stories and the best trade secrets investors should know, so you can stay ahead of the curve and make fully informed real estate decisions.

Host Kathy Fettke is Co-CEO of the Real Wealth Network, author of Retire Rich with Rentals and host of the Real Wealth Show on iTunes. She brings decades of media and real estate investing experience, offers her own viewpoints on particular topics, and taps into her network of real estate experts for real world news updates created just for investors like you. Get the real news on real estate on Real Estate News For Investors podcast!

Like what you hear? Don't forget to subscribe! Love what you hear? Please leave us a review! Thanks for listening!

Business

News

Investing

Business News

Don’t get caught off guard by market crashes that can take all your money down with them. And don’t miss out on markets where you can build wealth practically overnight. Real Estate News for Investors with Kathy Fettke is the premiere source for savvy real estate investors who want to stay up-to-date on new laws, regulations, and economic events that affect real estate. Topics include: market trends, economic analysis that affects housing prices, updates on the best rental markets for investing in single-family rentals or multi-unit rentals, turn-key housing standards, the fate of the highly revered 1031 exchange and other tax law affecting investors, self-directed IRA investing and 401k changes, where rents and property values are rising or falling, flipping risks, new Dodd-Frank rules regarding private lending and financing standards, areas with job losses vs job growth, areas that are overbuilt or over-supplied versus areas with low supply and high demand, and how to avoid real estate scams. We'll bring you the latest reports from organizations like the National Association of Realtors, Realty Trac, Fannie Mae, Freddie Mac, Zillow, Trulia, Redfin, Rent Range, Property Radar, the Norris Group, Peter Schiff, Robert Kiyosaki’s Rich Dad, Suse Orman, Bigger Pockets, Dave Ramsey and more. And we'll help you interpret the data in terms that make sense for your real estate goals, and portfolio. Grow and protect your wealth by staying on the forefront of economic data analysis, expert opinions, innovative investing strategies and profitable investment opportunities. We'll share all the top real estate news stories and the best trade secrets investors should know, so you can stay ahead of the curve and make fully informed real estate decisions. Host Kathy Fettke is Co-CEO of the Real Wealth Network, author of Retire Rich with Rentals and host of the Real Wealth Show on iTunes. She brings decades of media and real estate investing experience, offers her own viewpoints on particular topics, and taps into her network of real estate experts for real world news updates created just for investors like you. Get the real news on real estate on Real Estate News For Investors podcast! Like what you hear? Don't forget to subscribe! Love what you hear? Please leave us a review! Thanks for listening!

Share 6,000+ Rental Units Linked to Convicted Investor Head to Auction

Sign up to save your podcasts

6,000+ Rental Units Linked to Convicted Investor Head to Auction

6,000+ Rental Units Linked to Convicted Investor Head to Auction

More shows like Real Estate News: Real Estate Investing Podcast

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

Creating Wealth Real Estate Investing with Jason Hartman

BiggerPockets Real Estate Podcast

Real Wealth Show: Real Estate Investing Podcast

The Best Ever CRE Show

Rental Income Podcast With Dan Lane

Get Rich Education

Passive Real Estate Investing

Tax Smart Real Estate Investors Podcast

Ken McElroy Show

Real Estate Rookie

BiggerPockets Daily

On The Market

The BetterLife Podcast

The David Greene Show